when the stock price was $20.10. Since then, CLEARWIRE CORPORATION has lost 30.60% as of 11/09/2007's recent price of $13.95. If you would have followed the previous Pali Research's recommendation on CLWR, you would have gained 44.08% of your investment in 7 days.

Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company?s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company?s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.

Richard Greenfield and Walter Piecyk are Managing Directors and Co-Heads of Pali Capital Research in the U.S. Pali is committed to providing the highest quality, independent research free of the potential conflicts of interest associated with proprietary trading and investment banking.

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